New York Sets Record for Best Sports Betting Month Ever
The New York State Gaming Commission (NYSGC) released its monthly handle and revenue figures Thursday.
The numbers cover the period from Jan. 8 through Jan. 31, so technically, it wasn't a full month of numbers.
Six of the nine sportsbooks that were licensed to operate launched in January. And, not all of them launched on Jan. 8.
So you would think the first report would be incomplete. Not-so-great, we'll-get-'em-next-time kind of figures.
Think again.
New York sports betting had an official handle of $1,686,263,898. On a short month. Without all of the operators operating.
To put it in perspective, New York's 23-day total is $336 million more than the $1.35 billion New Jersey reported earlier this week. And, that was a record total for New Jersey.
The total is a combination of online and retail. Primarily online ($1.669 billion of it). That would be a national record by itself.
New York Sports Betting, January 2022
| Total handle | Mobile handle | Revenue | |
|---|---|---|---|
| January | $1.686B | $1.669B | $123.810M |
Caesars Was New York's Top Operator
Again, not all of the nine New York sportsbooks were live for this record start.
Caesars New York, FanDuel New York, DraftKings New York and BetRivers New York went live Jan. 8.
BetMGM New York launched on Jan. 17 and PointsBet New York went live on Jan. 25.
Those are the six books that make up the January betting numbers.
WynnBET New York begin on Feb. 4. Resorts World New York as plans to begin soon. BallyBet said it would go live in April.
Here is how the Sportsbooks fared in January handle:
- Caesars New York $627,401,761
- FanDuel New York $517,492,498
- DraftKings New York $377,952,846
- BetMGM New York $82,204,532
- BetRivers New York $33,465,116
- PointsBet New York $31,202,281
Can New York build on its record in February? The Super Bowl was played this month and WynnBET joined the party.
There are only 28 days (then again, January's record was set in fewer) and the NFL regular season is over.
Still, it should come as no surprise when at some point, New York breaks the $2 billion mark in a month. Will it take very long? Don't bet against it.
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